2909 Gainesborough DrDallasTX75287
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 2909 Gainesborough Dr, Dallas, TX, 75287 in Dallas speaks for itself: 10.41% gross on a $570,000 price, generating $4,945/mo in rent and $892/mo in net income after the $2,563/mo debt service. DSCR 1.93, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $10,702 stacks alongside $157,480 in projected five-year appreciation and $5,250/yr in principal reduction. Projected total cumulative return: $275,829.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 6.5% |
| Monthly Cash Flow | $892 | $450 |
City averages based on Dallas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,945 |
| Total Monthly Debt Service | $3,827 |
| DSCR Ratio | 1.29x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1984
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75287, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,067 (100%) |
| Owner Occupied HU | 5,785 (19.2%) |
| Renter Occupied HU | 22,200 (73.8%) |
| Vacant Housing Units | 2,082 ( 6.9%) |
| Median Home Value | $488,669 |
| Average Home Value | $571,993 |
Housing Distribution
Address Breakdown
Residential
28,960
Single Family
6,042
Multi-Family
22,918
Businesses
641
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Single Family
Built in 1984
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75287, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,067 (100%) |
| Owner Occupied HU | 5,785 (19.2%) |
| Renter Occupied HU | 22,200 (73.8%) |
| Vacant Housing Units | 2,082 ( 6.9%) |
| Median Home Value | $488,669 |
| Average Home Value | $571,993 |
Housing Distribution
Address Breakdown
Residential
28,960
Single Family
6,042
Multi-Family
22,918
Businesses
641
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices